(@velos) | Ello
FED to Keep Rates Unchanged As the Economy Has Weakened
Starts Wednesday, June 19, 2019 at 18:00..../
The Federal Reserve FED has been on the forefront of normalization of the monetary policy. It started hiking interest rates back in December 2015 and in the last two years it has hiked interest rates eight times. The markets are not expecting another rate hike this month since the last one was back in December. In fact, the FED has suggested that they will slow down the hike pace this year and after the really weak economic data we have seen in recent weeks, now the markets are expecting a rate cut before another hike, but that's expected for the July meeting. So, this won't have much impact on the USD, while waiting for the press conference from Chairman Powell... more>
(@velos) | Ello
Starts Wednesday, June 19, 2019 at 18:00..../
The Federal Reserve FED has been on the forefront of normalization of the monetary policy. It started hiking interest rates back in December 2015 and in the last two years it has hiked interest rates eight times. The markets are not expecting another rate hike this month since the last one was back in December. In fact, the FED has suggested that they will slow down the hike pace this year and after the really weak economic data we have seen in recent weeks, now the markets are expecting a rate cut before another hike, but that's expected for the July meeting. So, this won't have much impact on the USD, while waiting for the press conference from Chairman Powell... more>
(@velos) | Ello
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